Union Bank of Taiwan (TPE:2838) Enterprise Value: NT$59,470 Mil (As of Jul. 02, 2026) ***


TPE:2838 Union Bank of Taiwan TPE:2838
80 GF Score
Price NT$22.60
GF Value NT$16.27
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Union Bank of Taiwan Enterprise Value?

Union Bank of Taiwan TPE:2838 -0.22% 80 Enterprise Value is NT$59,470 Mil as of Jul. 02, 2026. GuruFocus rates TPE:2838 with a GF Score™ of 80/100 and a GF Value™ of NT$16.27 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Union Bank of Taiwan's Enterprise Value is NT$59,470 Mil. Union Bank of Taiwan's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was NT$20,198 Mil. Therefore, Union Bank of Taiwan's EV-to-Revenue ratio for today is 2.94.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Union Bank of Taiwan's Enterprise Value is NT$59,470 Mil. Union Bank of Taiwan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-10,791 Mil. Therefore, Union Bank of Taiwan's EV-to-OCF ratio for today is -5.51.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Union Bank of Taiwan's Enterprise Value is NT$59,470 Mil. Union Bank of Taiwan's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-12,242 Mil. Therefore, Union Bank of Taiwan's EV-to-FCF ratio for today is -4.86.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Union Bank of Taiwan  (TPE:2838) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Union Bank of Taiwan's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=59469.526/20198.192
=2.94

Union Bank of Taiwan's current Enterprise Value is NT$59,470 Mil.
Union Bank of Taiwan's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$20,198 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Union Bank of Taiwan's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=59469.526/-10791.107
=-5.51

Union Bank of Taiwan's current Enterprise Value is NT$59,470 Mil.
Union Bank of Taiwan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-10,791 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Union Bank of Taiwan's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=59469.526/-12242.302
=-4.86

Union Bank of Taiwan's current Enterprise Value is NT$59,470 Mil.
Union Bank of Taiwan's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-12,242 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Union Bank of Taiwan Enterprise Value Related Terms


Union Bank of Taiwan Enterprise Value Historical Data

* Premium members only.

The historical data trend for Union Bank of Taiwan's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Union Bank of Taiwan Enterprise Value Chart

Union Bank of Taiwan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,865.17 31,992.30 23,064.48 20,936.95 45,362.73

Union Bank of Taiwan Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,936.95 30,416.97 30,985.55 40,446.56 45,362.73

Union Bank of Taiwan Enterprise Value Competitor Comparison

For the Banks - Regional subindustry, Union Bank of Taiwan's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Union Bank of Taiwan Enterprise Value vs Banks Industry

For the Banks industry and Financial Services sector, Union Bank of Taiwan's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Union Bank of Taiwan's Enterprise Value falls into.


TPE:2838
80GF Score
Union Bank of Taiwan TPE:2838
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank of Taiwan Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Union Bank of Taiwan's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Union Bank of Taiwan's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of NT$59,470 Mil mean?
Union Bank of Taiwan (TPE:2838) has a Enterprise Value of NT$59,470 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Union Bank of Taiwan and its competitors.
Is Union Bank of Taiwan's Enterprise Value too high?
Union Bank of Taiwan's current Enterprise Value is NT$59,470 Mil. Overall, Union Bank of Taiwan has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's Enterprise Value compare to competitors?
Union Bank of Taiwan's Enterprise Value of NT$59,470 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Banks company?
A good Enterprise Value depends on the Banks industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Union Bank of Taiwan and its competitors. Union Bank of Taiwan's current Enterprise Value is NT$59,470 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.27, compared to a current price of NT$22.60 — trading 38.9% above its estimated fair value. The current Enterprise Value is NT$59,470 Mil. Union Bank of Taiwan's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current Enterprise Value is NT$59,470 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Union Bank of Taiwan (TPE:2838) Overvalued in 2026?

Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued. The current stock price of NT$22.60 is trading 38.9% above its estimated GF Value™ of NT$16.27. GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.

Key valuation signals for TPE:2838:

  • Enterprise Value: NT$59,470 Mil
  • GF Value™: NT$16.27 vs. price of NT$22.60 (38.9% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Bank of Taiwan Business Description

Other Exchanges 2838A.PFD:Taiwan
Address Minsheng East Road, 1st Floor, 2nd Floor, No. 109, Section 3, Songshan District, Taipei, TWN, 105
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
80GF Score

Get the complete analysis for TPE:2838

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$22.60
Price
NT$16.27
GF Value